If you’re interested in utilizing an online bank, give CIT Bank a try! CIT Bank has great high-interest Savings and a variety of CD account options that are highly competitive in the market. Currently, they are offering a Premier High Yield Savings Account with at 1.55% APY Rate on accounts with all balances. In addition, there are no account opening or maintenance fees. The CIT Bank Savings Account offers a rate that is much higher than the national average, and it is FDIC insured. With daily compounding interest, free online banking, and a dedicated customer service, sign up for CIT Bank’s Premier High Yield Savings Account to make the most out of your money!
CIT Bank Breakdown:
Pros | Cons |
---|---|
Free online banking + mobile optimized site | Minimum deposit of $100 to open |
Free downloadable app for iOS and Android | No Tiered interest rate account: Earn 1.55% APY on balances |
No account opening or maintenance fees | |
Bank Customer Contact Center open 7 days a week |
CIT Premier High Yield Savings Features:
- Current rate: 1.55% on all balances.
- No account opening or maintenance fees
- Manage your account online, on the mobile app, or by emailing a bank representative
- Funds are FDIC insured up to $250,000
- Rates are higher than the national average
- Daily compounding interest to maximize your earning potential
- Transaction and activity monitoring with layered security
Open A Premier High Yield Savings Account:
In order to open a CIT Bank Premier High Yield Savings Account, you must:
- Be a U.S. citizen or resident alien
- Be 18 years or older
- Have a U.S. address, a social security number, and a driver’s license or state-issued ID
- Have a check or bank account number to electronically transfer money into your new CIT Bank account
Your account must be opened online on a desktop browser and not on a mobile device. They have various customer service options. You can get your account balance 24/7 through Automated Telephone Banking. In addition, if you have questions about new or existing accounts or services, you can call their Bank Customer Contact Center, open 7 days a week from Monday through Friday from 8am to 9pm ET, Saturday from 9am to 5pm ET, and Sunday from 11am ot 4pm ET.
Bottom Line:
CIT Bank is a great option for account holders who are looking for a high APY Rate with no account opening or maintenance fees. Sign up for a CIT Bank Premier High Yield Savings Account today to earn a 1.55% APY Rate on your account! Simply sign up for your account. If you're interested in other savings account options, also check out the ongoing Discover Bank Online Savings Promotion! Find more Savings Accounts, Bank Rates, Money Market Account and more with our Best Bank Rates!
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